Bitcoin can provide asymmetric returns
Other analysts also agree that Bitcoin is increasingly appearing on the radar of investors looking for alternative safe havens.
For example, earlier this week during an interview with CNBC, Morgan Creek Digital co-founder Anthony Pompliano discussed how Bitcoin will react to the current global monetary easing trend.
Pompliano agrees that China’s devaluation is playing a large part in Bitcoin’s current bull run. He also adds that institutions increasingly looking at Bitcoin because it has “proven to be non-correlated and to provide an asymmetric return compared against traditional assets.”
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